Brazil Property Still a Favourite with Overseas Property Investors

Brazil, the land of Samba Dance and lovely beaches is also turning out to be a money churning machine for property investors around the world. Real estate investment in Brazil is a booming sector and overseas investors are not wasting time and buying whatever they can lay their hands upon.

The Brazilian government is investing a lot of money to attract tourists to the north east of the country, for instance one of the largest airports in the world currently being constructed in Natal.

The new airport is testament to the country's massively rising tourism figures, which is fuelling major government expansion plans.

The massively growing tourism sector equates to growing rental yields for property investors.

Among the attractions for overseas property investors to Brazil are:

• Low property prices
• No restrictions on foreign property ownership
• All year round warm climate
• Great beaches and undiscovered tropical locations

One of the Bric countries Brazil is also seeing massive economic growth, and it is believed that Brazil will be the fifth largest economy in the world within 10 years. This provides an excellent exit strategy for today's investors, who can rely on rising numbers of Brazilians buying homes in the coming years.